InstructFX

DAX30 Announces Important Changes and More News - EU Markets Open 24.11.2020


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Good morning Europe.

Here’s what is happening in the markets today 24 Nov 2020

- Big shake off in the markets last night after Composite PMI numbers from US came out better than expected pushing the USD higher and creating a Domino effect to the down side for EU currencies and Gold.

- Crude Oil futures rally above $43/barrel closing at its highest level since August

- President Donald Trump tweeted that he had told his team "do what needs to be done with regard to initial protocols".

This also gave the USD a kick to the upside as well as the Stock sector.

- Gold futures were thrown to the downside trading as low as $1819/oz

- BTC keeps calm consolidating around the $18.435


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InstructFXBy Andrew Mreana